https://www.taxtmi.com/caselaws?id=259420 Interest under the Gujarat Value Added Tax Act on assessed tax was treated as payable only up to the assessment order date, following binding precedent. Penalty under Section 45(6) was also sustained at 10% because the Tribunal's reduction matched the settled legal position. Purchase tax under Section 15B was deleted where the dealer held an exemption certificate during the relevant period and manufactured paints, making the levy inapplicable on the Tribunal's reading of taxable goods. The Tribunal's order was therefore sustained in full, and no substantial question of law arose. en-us Fri, 17 Apr 2015 00:00:00 +0530 Sat, 09 May 2015 11:26:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259420 Interest under the Gujarat Value Added Tax Act on assessed tax was treated as payable only up to the assessment order date, following binding precedent. Penalty under Section 45(6) was also sustained at 10% because the Tribunal's reduction matched the settled legal position. Purchase tax under Section 15B was deleted where the dealer held an exemption certificate during the relevant period and manufactured paints, making the levy inapplicable on the Tribunal's reading of taxable goods. The Tribunal's order was therefore sustained in full, and no substantial question of law arose. Case-Laws VAT and Sales Tax Fri, 17 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259420